Prediction market traders are pricing some of the most bearish bitcoin outlooks of 2026, with more than $75 million in combined volume flowing into Polymarket and Kalshi contracts that see a $50,000 floor before a $100,000 ceiling.
Lawrence Lepard, investment manager and author of “The Big Print,” told RE:Bitcoin host Chase Palmieri that the U.S. Federal Reserve under chair Kevin Warsh is running a deliberate deception on markets, and that bitcoin near $59,000 sits in one of its cheapest historical positions relative to the power law model.
June 28, 2026, 4:30 pmBitcoin’s past July gains and heavy short bets point to a rally toward $75,000, but a break below key support keeps the risk of $55,000 in play.
June 28, 2026, 4:12 pm
The bitcoin advocate said his crypto bottom claim is based on the fact that the traditional four-year halving cycle has changed, although several analysts continue to expect further downside.
Bitcoin’s derivatives markets delivered a pointed message this weekend: the $60,000 level is not just a psychological line in the sand; it is the number the options market has been building toward for weeks. At 10 a.m. EST on June 28, 2026, bitcoin traded at $60,041 per coin. The timing is not coincidental.
The crypto bull shrugged off market skepticism by sharing a chart of the company's $50 billion stash and teasing that they are going to need more data points.
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Michael Saylor’s latest orange-dot chart fueled fresh buy anticipation, showing 847,363 BTC and a reserve near $51 billion. The post followed two consecutive weekly bitcoin purchases, reinforcing expectations that Strategy may continue accumulating through market volatility.
The 200-week break now depends on whether ETF outflows fade or turn the level into resistance.
Bitcoin remains under pressure after falling to the $60,000 region, with traders balancing historically important support levels against weakening market demand and a bearish technical backdrop.
Spot gold slips under $4,000 and silver drops to the mid‑$50s, while U.S. Bitcoin ETFs shed $4.37B in 13 days.
$59,565.00 -1.37%
$1.19T Market Cap
$15.54B Total Volume (1.30%)
$126,080 All Time High -52.76%
until new daily candle
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